Author: Wayne Heilman Special to the Gazette
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Some businesses took big hit by being near site of Colorado Springs Planned parenthood shooting
El Burrito Grande had been struggling to attract customers amid multiple construction- related closures of the nearby Interstate 25 interchange at Fillmore Street when the shooting at Planned Parenthood turned the Mexican restaurant into a near ghost town in the first few days of last week. The restaurant was closed Nov. 27 for the Thanksgiving…
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Current sold to equity firm
Longtime Colorado Springs-based direct marketer Current Inc. has been sold to a Los Angeles private equity investment firm at the same time its former parent company sold its 77-acre campus on Woodmen Road to a Houston-based development company. Regent Equity Partners LLC, which owns several online businesses in the stationery and media industries, bought Current…
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Colorado Springs mining company buys option on central Nevada site
Gold Resource Corp. said Tuesday it has acquired an option to buy 1,780 acres in central Nevada for future gold mining from Silver Reserve Corp., a unit of Reno, Nev.-based Infrastructure Materials Corp. Colorado Springs-based Gold Resource paid $121,506 in cash and stock valued at $200,000 and can purchase the property during the next three…
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El Paso County enjoys 3 percent job growth, outpaces state
El Paso County’s job growth remained strong in the second quarter and likely passed the statewide average during the third quarter, according to a new report. Employers in the county added jobs in the second quarter at the same rate as the first quarter, which was the fastest growth rate since mid-2006, according to data…
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Lockheed expands offices in Springs
Defense contracting giant Lockheed Martin Corp. has expanded its offices near the Colorado Springs Airport by about a third, taking over space that Computer Science Corp. gave up as the technology company reduced its local footprint, according to the real estate agency that handled the transaction. Lockheed boosted its space in the Platte Airpark Center,…
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Report shows vitality in Pikes Peak regional housing market
Colorado Springs home prices rose in the third quarter by the biggest percentage in nearly 10 years, but the growth rate was still the second-slowest among metropolitan areas in Colorado, according to a report this week by the Federal Housing Finance Agency. Third-quarter prices increased 7 percent from the third quarter of 2014, the biggest…
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Officer killed in Colorado Springs shooting was church elder, skating champion
Garrett Swasey, the University of Colorado at Colorado Springs police officer killed in Friday’s shooting at the Colorado Springs Planned Parenthood Clinic, was a six-year veteran of the school’s police force. Swasey, 44, responded in support of the Colorado Springs to initial reports of an active shooter at the clinic in northwest Colorado Springs, arriving…
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Big chains surrender spotlight to local small businesses on Saturday
Jennifer Farnes and two retail neighbors are hoping that their participation in Small Business Saturday will help potential customers find them since they have little visibility from either Powers or Stetson Hills boulevards. Farnes, owner of Revolution Jewelry Works, 5928 Stetson Hills Blvd.; Ruffing It, a pet supply and gift shop, and Ascent Cycling all…
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Supermarket union reaches deal with big chains
A union representing workers at Colorado’s three largest grocery chains has reached agreement on a new contract with Albertsons, King Soopers and Safeway with ratification votes scheduled through Dec. 10. Members of United Food and Commercial Workers union Local 7 started voting Tuesday in the Denver area on a tentative agreement with King Soopers with…
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Vectrus snags Army contract
Vectrus Systems Corp., a unit of Colorado Springs-based military contractor Vectrus Inc., has won a $145 million contract from the Army Contracting Command to receive, repair, maintain, store, and prepare for issue equipment pre-positioned in Kuwait for use in southwest Asia through Feb. 28, 2017. Vectrus employs more than 5,000 worldwide and generated $1.2 billion…